§ 33.2-1532 Special Structure Fund
A. There is hereby created in the state treasury a special nonreverting fund to be known as the Special Structure Fund, referred to in this section as “the Fund.” The Fund shall be established on the books of the Comptroller.
B. The amount allocated to the Fund pursuant to §§ 33.2-1524 and 33.2-1530 and any funds as may be appropriated by the General Assembly shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund.
C. Moneys in the Fund shall be allocated by the Board and used solely for the purposes of funding maintenance, rehabilitation, and replacement of special structures, as defined in § 33.2-374.
History
This law was first created in 2019. The record of its establishment is cataloged in chapters 83 and 349 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. That modification is as follows: in 2020, chapters 1230 and 1275.
2019, cc. 83, 349; 2020, cc. 1230, 1275.